challenger bank

Monzo, the UK challenger bank with 9 million customers, raises $430 million

London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the compa

N26 launches stock and ETF trading to complement its banking offering

Berlin-based banking startup N26 is rolling out a new stock and ETF trading feature starting with Austria as the first market. This product launch marks a renewed focus on the startup’s core markets

Challenger bank N26 finally adds French IBANs

After obtaining its banking license in 2016, fintech startup N26 started offering bank accounts to anyone in the Eurozone. But because of the German banking license, clients received a German Internat

Revolut reports first full year of profit

The all-in-one fintech app Revolut has released its annual report for 2021. While 2021 ended more than a year ago, this report includes some significant figures as the company nearly tripled its reven

N26 adds crypto trading with new Bitpanda integration

Challenger bank N26 is launching a new trading feature in its app — N26 Crypto. Users will be able to easily trade crypto assets using money in their N26 account. Behind the scenes, N26 is partnerin

Zambian card-issuing startup Union54 raises $12M led by Tiger Global

Zambian card-issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. Other participating investors in this financing round include existing ones such as Vibe VC a

UX focuses on men’s experience: We need financial products built for women

If your product is made for the lived male experience, it will attract more male customers and so -- yep, you guessed it -- your user experience data - will also be biased.

Vivid Money, a financial super app, raises $114M at an $886M valuation to expand in Europe

Vivid Money, a challenger bank out of Berlin with 500,000 customers, has made a name for itself with a financial one-stop shop “super app” that, in addition to basic checking and money man

Amira Yahyaoui wants Mos to be a ‘radical’ fintech startup

Human rights activist and Mos founder Amira Yahyaoui couldn’t afford to go to college, so when she first launched a platform to connect students to scholarships, the innovation felt full circle. Sin

Revolut launches stock trading in the US

Fintech startup Revolut is rolling out stock trading in its app in the U.S. The company already lets you buy and sell shares if you’re a British user. And now, Revolut has received approval to becom

Business banking startup Qonto raises $552 million at $5 billion valuation

French startup Qonto has raised a $552 million Series D funding round (€486 million). Following this investment, the startup has reached a valuation of $5 billion (€4.4 billion). This is one of th

Jefa raises $2 million to offer digital accounts for women in LATAM

Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. T

Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API

Union54, the first Zambian startup backed by Y Combinator, has gotten another major venture capital firm on its term sheet: Tiger Global. The company confirmed to TechCrunch that the VC juggernaut led

Revolut increases fair usage caps on free accounts in the US

Fintech startup Revolut wants to foster usage in the U.S. with better free accounts. Like in other markets, Revolut offers both free and paid accounts in the U.S. When you pay for a subscription fee,

Challenger bank N26 raises $900 million at $9 billion valuation

Fintech startup N26 has raised a $900 million Series E round at a $9 billion valuation. That represents a big jump from the company’s Series D valuation of $3.5 billion. The Berlin-based startup ope

Point raises $46.5 million for its premium debit card

Challenger bank Point has raised a $46.5 million Series B funding round. The company offers an account associated with a debit card. And the startup positions itself as a premium debit card company an

Challenger bank Bunq rolls out Spanish IBANs

Amsterdam-based challenger bank Bunq is updating its service with a handful of new features. In addition to Dutch, German and French bank account numbers, existing and new users in Spain can now get a

Revolut introduces salary-advance feature in the UK

Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your wage early. If a business decid

European challenger bank Bunq raises $228 million at $1.9 billion valuation

Amsterdam-based challenger bank Bunq has been self-funded by its founder and CEO Ali Niknam for several years. But the company has decided to raise some external capital, leading to the largest Series

Juni, a ‘vertical’ neobank for e-commerce and online marketing companies, raises $21.5M

E-commerce in Europe is expected to grow 30% this year to $465 billion, and that’s giving rise to a new ecosystem of services built to cater to e-commerce merchants. In the latest development, J
Load More